Consumer Cyclical

Verisk Analytics (VRSK) is expected to report second-quarter fiscal 2024 earnings of $1.60 per share on revenue of $722.5 million, with analysts anticipating growth driven by strong underwriting and subscription-based solutions. However, our model does not predict an earnings beat this time around, as VRSK has an Earnings ESP of 0.00% and a Zacks Rank of 3.

Skechers U.S.A., Inc. reported its second-quarter 2024 financial results, with sales showing improvement but earnings declining from the previous year. The company faced challenges such as supply-chain disruptions, foreign currency headwinds, regulatory issues in India, and weakened consumer demand in China, impacting its overall performance.

The Bank of Japan has released a new series of banknotes featuring historical Japanese figures, with Eiichi Shibusawa appearing on the 10,000 yen bill. Shibusawa, known as the father of Japanese capitalism, lived through a turbulent era in Japanese history and has an interesting connection to horse racing.

Walt Disney has announced plans to introduce a new cruise ship departing from Tokyo in 2028, marking the ninth vessel in the company's fleet. The partnership with Oriental Land Company will see the new ship modeled after the Wish, the largest vessel in Disney's lineup, as part of a significant expansion of the brand's theme parks and cruise business.

Bajaj Auto, India's leading auto rickshaw manufacturer, has received 6,000 orders for its new CNG-powered motorbike, the Bajaj Freedom, which is billed as a world first and offers consumers a more affordable and eco-friendly transportation option. The company plans to launch the bike in other countries that use CNG as an alternative fuel, marking a potential shift towards greener transportation options in these regions.